Israel: Multitask Printer Market 2024

Multitask Printer Market Size in Israel

For the third consecutive year, the Israeli multitask printer market recorded growth in sales value, which increased by 25% to $X in 2022. The market value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Multitask Printer Exports

Exports from Israel

Multitask printer exports from Israel fell remarkably to X units in 2022, with a decrease of -86.9% on 2021 figures. Over the period under review, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2016 with an increase of 306% against the previous year. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, multitask printer exports reduced remarkably to $X in 2022. Overall, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2016 when exports increased by 369% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for multitask printer exports from Israel, with a 55% share of total exports. Moreover, multitask printer exports to the United States exceeded the volume sent to the second major destination, the United Arab Emirates (X units), threefold. Russia (X units) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +30.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (0.0% per year) and Russia (+9.3% per year).

In value terms, the largest markets for multitask printer exported from Israel were the United States ($X), the United Arab Emirates ($X) and Russia ($X), with a combined 92% share of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +19.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average multitask printer export price amounted to $X per unit, jumping by 169% against the previous year. In general, the export price continues to indicate buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Multitask Printer Imports

Imports into Israel

In 2022, imports of multitask printers, copymachines and facsimile machines into Israel rose slightly to X units, increasing by 2.3% against the year before. Overall, imports, however, continue to indicate a perceptible decrease. The pace of growth was the most pronounced in 2014 with an increase of 26%. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, multitask printer imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X units), China (X units) and Vietnam (X units) were the main suppliers of multitask printer imports to Israel, together accounting for 63% of total imports. Poland, Thailand, the Philippines, the UK, Belgium and the Netherlands lagged somewhat behind, together comprising a further 33%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Philippines (with a CAGR of +98.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of multitask printers, copymachines and facsimile machines to Israel, comprising 49% of total imports. The second position in the ranking was held by Vietnam ($X), with an 18% share of total imports. It was followed by Thailand, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +10.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+20.9% per year) and Thailand (+86.0% per year).

Import Prices by Country

In 2022, the average multitask printer import price amounted to $X per unit, increasing by 27% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, multitask printer import price increased by +63.3% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 53%. Over the period under review, average import prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+28.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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